Maximum 401 K Contribution Limit 2024 Olympics. Participants who are 50+ can save an additional. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

The limit on employer and employee contributions is $69,000. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).